Hello Steemers!
Today with a fresh logo! Thanks to @b0y2k ! The price seems to be pushing down but is obviously having some fair problems doing it.
POLONIEX
4 hour Poloniex chart - Aug 24, 2016
4 hour Poloniex chart - Aug 25, 2016
The price tried to break the yesterdays made new low, but so far the support seems to be holding although there was no real effort in trying to make the price bounce today.
BITTREX
4 hour Bittrex chart - Aug 24, 2016
4 hour Bittrex chart - Aug 25, 2016
12 hour Bittrex chart - Aug 25, 2016
1 day Bittrex chart - Aug 25, 2016
Unlike Poloniex the Bittrex price seems to have gone a bit beneath yesterdays new local low. (please not that the green line that is crossed with the white strips is not a support line of mine but a the current $STEEM price).
Today I pulled up the 12h as well as the 1 day Bittrex chart to show that there is some support at this levels as you can see in the 12 hour chart.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Aug 24, 2016
STEEM/BTC volume Bittrex Aug 25, 2016
STEEM/BTC volume Poloniex Aug 24, 2016
STEEM/BTC volume Poloniex Aug 25, 2016
STEEM indexed global volume Aug 24, 2016
STEEM indexed global volume Aug 25, 2016
Coinmarketcap top volume cryptos Aug 24, 2016
Coinmarketcap top volume cryptos Aug 25, 2016
The volume dropped quite allot today, although only on Poloniex, today Bittrex remained steady in volume with ~70 BTC, while the volume on Poloniex got lowered by ~160 BTC. A rather low volume day again for $STEEM but as every day, quite good volume over time compared to other cryptos.
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
If anyone has any questions or need's help fell free to ask, I will try to explain as fast and as best as I can.
Critics, comments, reply's, counters, advice's, etc. are always welcome!
Have my charts helped you in any way?Let me know with a comment below :)
Are there more people who are doing TA?
Please post the links to your TA's posts into the comments as well!
DISCLAIMER
I am showing multiple scenarios on the price movement, in the post itself I do not take any stance, either bullish or bearish. I am not responsible for neither you’re winning nor you're losses upon trading! the "comment" section is my personal opinion and does not mean I have to or do hold any positions in the given market.
Kind Regards, OZ :)